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Down Payment Assistance

Lack of upfront cash to pay for down payment and loan costs is the biggest obstacle to home purchase.  AHC removes this obstacle by providing eligible borrowers with up to 5% of the purchase price to help with down payment and loan costs, depending on how much you need. Here’s what you need to know:

Household Size 1 2 3 4 5 6 7 8
80% MFI
$47,400 $54,200 $60,950 $67,700 $73,150 $78,550 $83,950 $89,400
120% MFI
$71,160 $81,240 $91,440 $101,520 $109,680 $117,840 $126,000 $134,040
Above effective as of 6/2018.  Guidelines are determined by HUD and are adjusted annually. 

 

Get Started

1) We strongly encourage you to attend a Home Buyer Education Class

2) For additional information, please call 847/263-7478.

Download the Homeownership Opportunities flyer
Descarga el folleto de Oportunidades para ser dueños de casa